Accounts Payables

January 31, 2016

The MorStock® Accounts Payable module provides easy-to-use programs that address the needs of wholesale distributors for entering and tracking AP documents and vendor payments.  The Accounts Payable module is a comprehensive system for entering and adjusting payable vouchers, debit memos, manual payments, and recurring payables. These functions are supported by the ability to produce checks and perform analysis of payments made through the system.
Information entered through AP is posted automatically to the AP sub ledger, the Vendor History file, and the Open Payables file. These background processes provide complete data for online inquiries and reports, and they are used in the system’s audit trail.

Major Features

  • Bank Reconciliation Features
  • Document Entry Features
  • Hold Features
  • Batch Processing
  • Immediate Pay Features
  • Prepayment Entry Features
  • Document Release Features
  • Payment Processing Features
  • Inquiries Features
  • Reports Features